Companies raised a record ₹1.96 trillion through 91 mainboard initial public offerings (IPOs) in 2024, followed by another ₹1.76 trillion across a record 103 issues in 2025. But activity cooled in 2026 amid volatile markets and geopolitical uncertainty, with 23 IPOs raising ₹21,506 crore so far.
Companies raised a record ₹1.96 trillion through 91 mainboard initial public offerings (IPOs) in 2024, followed by another ₹1.76 trillion across a record 103 issues in 2025. But activity cooled in 2026 amid volatile markets and geopolitical uncertainty, with 23 IPOs raising ₹21,506 crore so far.
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